Woodkirk Stone
Metatron (OTC Pink: MRNJ), a mobile and web technology pioneer that has developed more than 2,000 apps on iTunes and Google Play, is pleased to announce its intention to acquire through the exchange of Mountain Green Inc. , an e-commerce company that has generated over four million in sales in the past twelve months. Mountain Green brings to the table its thousands of customers and its multiple digital properties as well as its marketing acumen. The acquisition of Mountain Green is subject to management approval and is expected to be finalized in the third quarter of 2021.
The two companies plan to lead a shared rollout of multiple websites and apps focused on gaming, entertainment and lifestyle categories. Mountain Green currently sells electronics, nutritional supplements, and digital content under various popular brands across the web, Amazon, and most social media platforms.
The global e-commerce market is expected to total $ 4.89 trillion in 2021. Today that number is expected to reach 19.5% in 2021, a 45.8% increase in e-commerce market share over two years. Growth is expected to continue, reaching 21.8% by 2024, which translates into an increase of 8.2 percentage points in just five years.
Metatron also plans to update its Bit-Meet D-Fi app which enables peer-to-peer crypto transfers, pending review of the current regulatory environment. Other crypto projects include an update to Vaporize, a secure chat DApp that will run over a decentralized (peer) network via peer-to-peer (p2p) protocols. Both apps have appeared on the iTunes and Google Apps stores in the past, and in the future, they will be published exclusively on the web.
“The DApps The market size was valued at USD 10.52 billion in 2019 and is expected to reach USD 368.25 billion by 2027 at a CAGR of 56.1%. The growing demand for a fast transaction process and the benefits of DApps such as transparency, reliability, flexibility and scalability drive the DApps Market”-Emerging research
Discover the new Martech Cube podcast. For more updates like this, follow us on Google News Martech News